WallStSmart

ASML Holding NV ADR (ASML)vsFormFactor Inc (FORM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ASML Holding NV ADR generates 3816% more annual revenue ($35.33B vs $902.23M). ASML leads profitability with a 30.1% profit margin vs 12.8%. FORM appears more attractively valued with a PEG of 1.39. ASML earns a higher WallStSmart Score of 70/100 (B-).

ASML

Strong Buy

70

out of 100

Grade: B-

Growth: 8.0Profit: 10.0Value: 4.3Quality: 7.5
Piotroski: 6/9Altman Z: 2.41

FORM

Buy

65

out of 100

Grade: C+

Growth: 8.0Profit: 6.0Value: 4.3Quality: 8.5
Piotroski: 3/9Altman Z: 4.74

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASML6 strengths · Avg: 9.7/10
Market CapQuality
$658.69B10/10

Mega-cap, among the largest globally

Return on EquityProfitability
48.7%10/10

Every $100 of equity generates 49 in profit

Profit MarginProfitability
30.1%10/10

Keeps 30 of every $100 in revenue as profit

Operating MarginProfitability
37.1%10/10

Strong operational efficiency at 37.1%

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
21.3%8/10

Revenue surging 21.3% year-over-year

FORM5 strengths · Avg: 9.6/10
Revenue GrowthGrowth
31.9%10/10

Revenue surging 31.9% year-over-year

EPS GrowthGrowth
503.0%10/10

Earnings expanding 503.0% YoY

Debt/EquityHealth
0.0310/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.7410/10

Safe zone — low bankruptcy risk

Operating MarginProfitability
24.1%8/10

Strong operational efficiency at 24.1%

Areas to Watch

ASML2 concerns · Avg: 2.0/10
P/E RatioValuation
58.1x2/10

Premium valuation, high expectations priced in

Price/BookValuation
1427.1x2/10

Trading at 1427.1x book value

FORM4 concerns · Avg: 3.0/10
Price/BookValuation
8.1x4/10

Trading at 8.1x book value

Return on EquityProfitability
6.5%3/10

ROE of 6.5% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
75.6x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ASML

The strongest argument for ASML centers on Market Cap, Return on Equity, Profit Margin. Profitability is solid with margins at 30.1% and operating margin at 37.1%. Revenue growth of 21.3% demonstrates continued momentum.

Bull Case : FORM

The strongest argument for FORM centers on Revenue Growth, EPS Growth, Debt/Equity. Revenue growth of 31.9% demonstrates continued momentum. PEG of 1.39 suggests the stock is reasonably priced for its growth.

Bear Case : ASML

The primary concerns for ASML are P/E Ratio, Price/Book. A P/E of 58.1x leaves little room for execution misses.

Bear Case : FORM

The primary concerns for FORM are Price/Book, Return on Equity, Piotroski F-Score. A P/E of 75.6x leaves little room for execution misses.

Key Dynamics to Monitor

ASML carries more volatility with a beta of 1.36 — expect wider price swings.

FORM is growing revenue faster at 31.9% — sustainability is the question.

ASML generates stronger free cash flow (1.4B), providing more financial flexibility.

Monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ASML scores higher overall (70/100 vs 65/100), backed by strong 30.1% margins and 21.3% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

ASML Holding NV ADR

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

ASML Holding NV develops, produces, markets, sells and services advanced semiconductor equipment systems consisting of lithography, metrology and inspection related systems for memory and logic chip manufacturers. The company is headquartered in Veldhoven, the Netherlands.

FormFactor Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. The company is headquartered in Livermore, California.

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